We're going to be fed a solid diet of ivory-tower analyses from now on, because when you look at the history, it sure seems like home prices are due to come down. What these authors fail to consider is how the Bank of Mom and Dad has made the current pseudo-bubble...
Boomer Liquidations
Are Small Towns For You?
Hat tip to daytrip for sending in this article, though it somewhat contradicts what I believe - I think you should move somewhere! Yes, many retirees are looking for a version of Mayberry, the fictional North Carolina town that actor Andy Griffith called home in his...
Who Is Selling?
Who is selling? Over the last few years we've seen that most home sellers are the long-time owners, and that trend is continuing. On the left are the years when the sellers purchased the home they sold between July 26 and August 3rd of this year: Year Purchased...
More Boomer Doom
Another analysis from the ivory tower. I'd love to see them survey baby boomers and/or realtors, instead of just guess at what might happen. Baby Boomers, the largest generation of Americans in history until the Millennials came along, have influenced the country...
Boomer Liquidations 2
Rob Dawg is skeptical (as I have become) that boomers will be fleeing their long-time residences any time soon: Reader Ty Webb isn't so sure though: For the most part, boomers own the houses, so besides the usual Big 3 reasons for selling (death, divorce, and job...
Boomer Liquidations
It's just a matter of whether it will be a trickle or a flood: The preference for baby boomers to age in place has been blamed in part for lower homeownership rates among millennials, who have been forced to compete for a smaller slice of available properties on the...
Aging Boomers = Fewer Moves
It looks like the low-inventory era will be here for a while.... The statistics about the waves of baby boomers turning 65 each day are old news to anyone who works in a senior-focused industry. But a new report from Harvard University adds a new twist to measuring...
Boomers Moving Out
This story is about the same as Carlsbad folks moving to San Jacinto, where you can buy brand-new houses in the $300,000s. But boomers want to stay within range of their kids and grandkids, so any boomer-flight could be muted. [button...
80 Is The New 65
Two good reasons why boomers aren't selling: They are working longer, and kids still live at home (or might return): Thanks to their...
San Diego is Younger
Five years ago, San Diego County had the second-highest number of people over 70 years old in Southern California (Riverside is higher), but other areas have many more. There are counties in Florida with over 25%! Maybe those boomer liquidations might occur later...